Add ERC: Non-transferable to EOA ERC20
ERC-vTOKEN: Virtual Token Standard for Mathematically Permanent Liquidity
Summary This ERC proposes a novel token architecture where vTOKENs exist exclusively within smart contracts and liquidity pools, fundamentally unable to be transferred to externally owned accounts (EOAs). This standard establishes a framework for creating permanent, mathematically-enforced liquidity that is immune to removal or rug pull events, all while maintaining full ERC-20 compatibility for seamless protocol interactions.
Key Benefits
Mathematical Anti-Rug Pull: Eliminates the possibility of rug pulls by preventing the removal of initial liquidity, as vTOKENs cannot be withdrawn to EOAs.
Permanent Liquidity Depth: Ensures a continuously growing and unbreakable liquidity pool, as vTOKENs remain locked within designated contracts, fostering long-term stability.
Enhanced Trust & Security: Reduces reliance on trust in developers or centralized entities, as the liquidity mechanism is enforced by the token's core logic.
Seamless User Experience: vTOKENs automatically convert to their paired native tokens upon attempted transfer to non-whitelisted addresses, providing users with immediately usable assets.
Anti-Fragile Design: The system becomes stronger under pressure, as economic actions (e.g., conversions, protocol fees) contribute to the permanent locked liquidity.
ERC-20 Compatibility: Maintains the standard ERC-20 interface for balanceOf(), allowance(), and event emissions, allowing broad integration with existing DeFi tools and protocols.
Use Cases
Perpetual Decentralized Exchanges (DEXs): Creating liquidity pools where the vTOKEN side of the pair is permanently locked, ensuring a continuous trading environment.
Autonomous Treasuries: Protocols can convert a portion of their revenue into vTOKENs to build a self-sustaining and ever-growing permanent liquidity base.
Fair Launch Mechanisms: Enabling token distribution where the contributed funds are immediately and permanently locked as liquidity, providing instant and secure price discovery.
Non-Custodial Staking/Farming: Designing yield-generating protocols where underlying liquidity is mathematically secured and cannot be withdrawn by administrators.
Bonding Curves with Permanent Liquidity: Implementing token bonding curves where the acquired collateral forms a permanent, non-removable liquidity pool.
File ERCS/erc-9999.md
Requires 1 more reviewers from @g11tech, @lightclient, @samwilsn, @xinbenlv
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